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and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named grover in order kwis. >> ezra, i have to say for me one of my favorite moments in the debate was with him pointing out the effective rate romney pays compared to what other people in the real world pay. i'm not sure how many people jumped on that a as their favorite moment but. >> you and me, lawrence. >> but biden is finding more effective ways of isolating that romney tax return 14% number. >> it wasn't just that. biden i thought actually figured out what obama didn't figure out a week before which is how to deal with the ryan/romney ticket on taxes, medicare and social
and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named...
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Oct 12, 2012
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. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters digest the second of four debates. danville, kentucky, i'm steve handles men, nbc news, lynn, back to you. >>> steve, thanks so much. nbc's andrea mitchell led our truth squad in danville last night with a fact check of the debate. she started with the deadly september 11th attack on the u.s. consulate in benghazi and paul ryan accusing the obama administration not correctly protecting the personnel. >> what we should not be doing is rejecting claims for calls for more security in our barracks, in our marine. we need marines in benghazi when the commander on the ground says we need more forces for security. t
. >> reporter: can a middle class tax hike be prevented if the wealthy get a tax cut? >> it's not mathematically possible. >> it is mathematically possible. it's been done before. >> it has never been done before. >> reporter: on the style side, biden smiled a lot. ryan, a debate rookie, kept his cool. so did ryan add to the romney momentum or did biden help put the obama campaign back on track? now the pollsters go to work to try to figure o that out while voters...
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Oct 12, 2012
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jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose abortion, with the exceptions for rape, incest, and life of the mother. >> life begins at conception. that's the church's judgment. i accept it in my personal life. i just refuse to impose that on others, unlike my friend here, the congressman. i do not believe that we have a right to tell other people that women, they... they can't control their body. it's a decision between them and their doctor, in my view. and the supreme court-- i'm not going to interfere with that. >> woodruff: biden warned a conservative supreme court majority would overturn a woman's right t
jack kennedy lowered tax rates, increased growth. ronald reagan... >> oh, now, you're jack kennedy. >> woodruff: abortion also figured as a key issue in the debate. both men are catholics, and they were asked to describe their position, based on their faith. >> i don't see how a person can separate their public life from their private life or from their faith. and i respect people who don't agree with me on this. but the policy of a romney administration will be to oppose...
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Oct 9, 2012
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tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is lower than the national average, which already is coming down -- >> in a place where the president's plan to save the auto industry actually protected many jobs. >> so in the face of all the evidence around them, and you can argue about economic statistics as much as you like, but people know their own economy and their own lives. he's trying to put against that by saying there are joshs in the ground we will dig up presumagely by pulling away from environmental regulations. he's talking really about fracking. that's his
tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is...
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Oct 13, 2012
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tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east. have you to go with it because there is no other way. when you don't have a record, have you to do this kind of stuff. but you notice that biden can't get his story straight. he's talking about tax cuts for the super wealthy. that's not the position of his administration. what he is talking about tax cuts for anybody making over $200,000 a year that, could be super wealthy in his book, but have you a nurse and a firefighter, with a couple of kids and they could be at that threshold, calling them the super wealthy. i think it doesn't work that well. it seemed as if bi
tax cut unless you give the tax cut for the super wealthy. look, folk, use your common sense. who do you trust on this? >> sean: all right, joining me with analysis, charles krauthammer. you know, he also said holding hostage, they are down on america, they bet against america. you know, i would imagine if a republican said that they would be accused of questioning one's patriot. ism. >> there are two issues here, the media bias which is as constant as the sun rising in the east....
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will it be about the changes in position on the 47% and on taxes and on other things? also, the brainwashing has occurred over a period of time. he didn't just fundamentally come out yesterday and chuck everything. he was evolving towards these new positions, which may continue to evolve. for obama to go after him on this, it's like nailing jell-o to the wall. it's not an easy task for obama, because not exactly sure where he's criticizincriticizing. i don't think it opens up a clear line of aattack and i don't think americans pay a lot of attention to foreign policy. >> dana millbank, thanks. see you soon. what this means for the other names on the ballot. it's in the spin as "the cycle" runs on for today, tuesday, october 9th. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to th
will it be about the changes in position on the 47% and on taxes and on other things? also, the brainwashing has occurred over a period of time. he didn't just fundamentally come out yesterday and chuck everything. he was evolving towards these new positions, which may continue to evolve. for obama to go after him on this, it's like nailing jell-o to the wall. it's not an easy task for obama, because not exactly sure where he's criticizincriticizing. i don't think it opens up a clear line of...
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Oct 11, 2012
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focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the trenches, when you redo this game can you make it a foreign policy so we can do risk and attack on the country. >> thank you very much. up next, if you've ever wanted to see steve kornacki in high school, just wait. [ chuckles ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ honk! ] ♪ [ male announcer ] now you'll know when to stop. [ honk! ] the all-new nissan altima with easy fill tire alert. [ honk! ] it's our most innovative altima ever. nissan. innovation that excites. ♪ innovation that excites. and every day since, two years ago, the people of bp made a commitment to t
focus on the demand side and more focused on tax fairness. a real decision for obama to make if he's re-elected. >> right. one of the big mistakes that the obama administration says, they didn't have enough of the private sector organization. the one way i would propose to deal with that is put in someone like larry fink. people will scream, oh, my god, wall street. someone who's actually been in the trenches hiring and firing. you need somebody who's done that. >> speaking of the...
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sure, he said president obama didn't raise taxes, and president obama didn't raise taxes, but really, mitt romney officially thinks that he did. they have done this over and over and over and over again, on big issues like health reform, on small issues like whether he met a guy or not. and it is a ridiculous technique. i mean, think about what this means for the long run. i mean, the romney campaign is training the country to not believe this guy when he is talking. they're training the country to feel that, you know, wherever you hear mitt romney saying something today, don't worry, it doesn't really matter. it is all subject to revision later. long-term, this is a weird technique. it has been a strange political technique from the get-go this year. but mostly, it has worked for them. them correcting the record later on to a smaller audience has mostly worked. so they just keep doing it. and they have kept getting away with it. but now, as of today, they have seemed to have gone too far to get away with it anymore. this is what mitt romney told "the des moines register" editorial bo
sure, he said president obama didn't raise taxes, and president obama didn't raise taxes, but really, mitt romney officially thinks that he did. they have done this over and over and over and over again, on big issues like health reform, on small issues like whether he met a guy or not. and it is a ridiculous technique. i mean, think about what this means for the long run. i mean, the romney campaign is training the country to not believe this guy when he is talking. they're training the...
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Oct 10, 2012
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. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to trash the reporter that paul ryan walked out of that interview on. the campaign given on the record quotes calling the reporter an embarrassment. the city where that reporter works and where that interview took place does have the worst violent crime rate in the nation. so that line of questioning here for mr. ryan was understandable. maybe even predictable. but beyond the newsworthiness of paul ryan getting up and taking off his microphone and ending the interview and beyond the newsworthiness of the campaign going after this reporter, there was what that reporter was ab
. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to...
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going back to this issue of his taxes not only has he not released his tax returns, as many presidential candidates have in the past, of course, but he's effectively paid a 14% rate on his taxes, and that is something that is a lower rate paid on investment income. let's have a listen to a little bit of that ad. >> you've paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? so you think it is fair? >> yeah, i think it's -- it's the right way you encourage economic growth. >> lower tax rates for him than us. is that the way to grow america? >> and so it goes, alex. the president leaving the white house just a little later this morning. >> mike viqueira, thank you very much. while the gop ticket is crisscrossing the crucial battleground state of ohio again today and mitt romney will be holding two events. one in portsmouth, another in lebanon. in hours paul ryan holds his rally in youngstown. that is where we find nbc's ron mott live at youngstown state university. we know that the campaign is making a very
going back to this issue of his taxes not only has he not released his tax returns, as many presidential candidates have in the past, of course, but he's effectively paid a 14% rate on his taxes, and that is something that is a lower rate paid on investment income. let's have a listen to a little bit of that ad. >> you've paid 14% in federal taxes. that's the capital gains rate. is that fair to the guy who makes $50,000 and paid a higher rate than you did? so you think it is fair?...
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those who do so risk losing their churches' tax-exempt status. according to a recent survey by the christian polling organization lifeway, 87% of pastors believe pastors should refrain from making political endorsements. the survey included both evangelical and mainline clergy. >>> the supreme court opened its new term on monday and a majority of the justices -- six of the nine -- attended the annual red mass, held the sunday before at st. matthew's cathedral in washington. at the annual event, catholic leaders encourage the justices to draw wisdom from their faith as they make their decisions. the court is set to tackle controversial issues once again this term, including a case involving affirmative action at the university of texas. many religious groups are anxious to see if the court will also agree to hear arguments on same-sex marriage. >>> a leading opponent of same-sex marriage, catholic bishop salvatore cordileone, has been elevated to archbishop of san francisco. cordileone was formally installed in a ceremony on thursday. in the past,
those who do so risk losing their churches' tax-exempt status. according to a recent survey by the christian polling organization lifeway, 87% of pastors believe pastors should refrain from making political endorsements. the survey included both evangelical and mainline clergy. >>> the supreme court opened its new term on monday and a majority of the justices -- six of the nine -- attended the annual red mass, held the sunday before at st. matthew's cathedral in washington. at the...
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Oct 14, 2012
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tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of small business america make less than $250,000. others are hedge funds making $600 billion per year that counts as the small business. gerri: hedge fund? the irs says they fall within the household of the top two brackets that the administration wants to raise taxes. and more than half of americans. vice president wants to raise taxes on small business. paul ryan does not. beau biden says the plan worked anybody knows the numbers knows it is not true. the federal deficit on track to hit $1 trillion for the fourth
tax revenues jump. ronald reagan proposed sweeping tax rate reduction and the result revenues up 99%. biden: we made sure we cut taxes for the middle-class. gerri: not even close to trooper release seven taxes from obamacare ball directly on the middle class. the tax for not having health care insurance. obamacare taxed the ma in the name of flexible spending account in those to deduct from taxes. i could go on and on. joe biden scored big points claiming hedgefunds would benefit. biden: 90% of...
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Oct 9, 2012
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was being interviewed in detroit when he objected to the reporter's question about gun violence and taxes. and then the interview came to an abrupt end. take a look. >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. stuff words in people's mouth? >> he said he responded as anyone would in such a strange situation. also in michigan, paul ryan and kid rock got a loud welcome from thousands at oakland university. kid rock urged everyone to vote and ryan said the gop ticket would win in michigan. clueless actress stacy dash sent a tweet of herself with an american flag endorsing mitt romney as the only choice for the future. well that prompted a twitter explosion criticizing a black woman's support for mitt romney. >> and mr. romney may be worried about questions from children about his plans to cut funding for big bird and sesame street. the republican candidate has decided to skip nickelodeon's the kids pick the president special. the producer says that decision dissed children. president obama will be talking directly to the kids for the special. and t
was being interviewed in detroit when he objected to the reporter's question about gun violence and taxes. and then the interview came to an abrupt end. take a look. >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. stuff words in people's mouth? >> he said he responded as anyone would in such a strange situation. also in michigan, paul ryan and kid rock got a loud welcome from thousands at oakland university. kid rock urged everyone...
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i disagree. >> mitt romney's tax proposals, because he has said that he can cut taxes without blowing up the deficit, without being deficit neutral, and at the same time keep defense spending. >> yeah. >> increase the defense budget. how does that work? >> governor romney said he can lower marginal tax rates and generate offsetting revenue so we don't increase the side of the deficit. >> how do you generate that? >> you reduce the number of write-offs and loopholes in some combinations. >> which would you reduce? he's not been specific. >> he's provided more specificity than the president and any candidate. >> he's not specific about which deductions. >> one of the things he's said is a mechanism that limits val i of all itemized deductions might be one way to go. that's a way that you take a whole basket of all of the itemized deductions. >> 17,000. >> maybe it's some other number. but andrea, this is very specific. he's called for a cross the board marginal rate reductions, specified amount, 20%, insisted no increase in taxes on the middle class, that's one of the parameters, he sai
i disagree. >> mitt romney's tax proposals, because he has said that he can cut taxes without blowing up the deficit, without being deficit neutral, and at the same time keep defense spending. >> yeah. >> increase the defense budget. how does that work? >> governor romney said he can lower marginal tax rates and generate offsetting revenue so we don't increase the side of the deficit. >> how do you generate that? >> you reduce the number of write-offs and...
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Oct 13, 2012
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we ought not to be raising taxes. the pledge by biden is pledge to american people that they'll oppose any and all tax increases. biden wants to pretend it's for the upper income people. for all the taxpayers. one thing to keep in mind. the promise that obama made four years ago never to raise taxes on anyone who less than $250,000 a year has been replaced. biden didn't get the memo. what he said starting august 8 in grand junction, colorado, the new plan is no income tax increase next year. >> neil: we know taxes will go up, healthcare law, medical devices and host of others. selling a home, assets, et cetera. what else? >> that's what we don't know. he's promising that for one year he won't raise incomes taxes. we know the tax increase in january could have been avoided if the democrats for two years, they could have made the tax cut permanent for foreign people, middle income people, left-handed people. they made it permanent for nobody. that telegraphs the plan. after a year they will let them go up on everyone. >
we ought not to be raising taxes. the pledge by biden is pledge to american people that they'll oppose any and all tax increases. biden wants to pretend it's for the upper income people. for all the taxpayers. one thing to keep in mind. the promise that obama made four years ago never to raise taxes on anyone who less than $250,000 a year has been replaced. biden didn't get the memo. what he said starting august 8 in grand junction, colorado, the new plan is no income tax increase next year....
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Oct 13, 2012
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the tax on the economy. six years of taxpayer dollars and 40 been spent by the government that is the worry. gerri: in your honor we maybe you a full screen of gen -- ben bernanke addis mr. bubble. has the federal reserve chairman live with the bond bubble? is the at fault? >> i believe greenspan grnspan, bernanke part of hoing, now he tries to correct the bond bubble which is the biggest. creating trillions of dollars to buy the blige interfering with the ggest market in e long term. and the day when the market decides we will not listen. gerri: gerry? gerry? [laughter] gerry? i just want to ask you the question you brought up the bond bubble. pc and individual investors buying the blinder directly. what would you say? >> parents had a great article between 50 and 70% that is the definition of a bubble to get yield you just have to realize what you get into. i am buying 23 year bonded duration if we do get a bad market this 78 or 9% will turn to dust quick. gerri: it is dangerous. >> and it is caused by the
the tax on the economy. six years of taxpayer dollars and 40 been spent by the government that is the worry. gerri: in your honor we maybe you a full screen of gen -- ben bernanke addis mr. bubble. has the federal reserve chairman live with the bond bubble? is the at fault? >> i believe greenspan grnspan, bernanke part of hoing, now he tries to correct the bond bubble which is the biggest. creating trillions of dollars to buy the blige interfering with the ggest market in e long term. and...
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they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i thought was so interesting about vice-president biden's comments 24 hours before the presidential. but setting up the middle class is effected and that is what mitt romney said middle class is suffer it has been the last four years. >> the economy is suffering under the government intervention. we often times don't think of regulations as being a tax. it is a tax not only on wealth creation but individual freedom and take the credit card act that was regulation and pass , a few years ago and had hoped to help the middle class . it made credit more expensive and difficult
they were not taxes of the last four years they are taxes of the future. you have had massive regulation in the last four years and executive orders coming out of the federal government and viserating the congressional man date and letting the bureaucracy run the country and you have lists of them down here of over 900 executive orders and where they are abdicating the responsibility of congress and legislature and giving it to the burrcrats to run the country. it is outrageous. >> what i...
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Oct 14, 2012
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we have a massive tax increase, a repeal of the bush tax cuts, we have the social security tax that is reenacted for employees of 2%. we have the over trillion dollar spending issue. it is about 5% of our economy. neil: what you think the market is doing? >> i am very concerned about what the market is doing. when you look at stock prices today, the fiscal cliff is not yet built. neil: they don't even see that as a possibility. the closer we get, the more they start getting antsy and. >> again, i'm very concerned about that. antsy for sure. and i don't think that we are going to get a solution to this thing, certainly before the end of the year. neil: so you don't even buy the six-month extension think? >> when we can stop looking at this thing in bits and pieces. this is not what leaders do. leaders are decisive. neil: when it comes to the sequestration cuts that they agree to, they are trying to change the rules on that. >> i cannot disagree with you there, neil. but i would ask your audience to think back to when barack obama was running for president. he ran as a uniter. he was goi
we have a massive tax increase, a repeal of the bush tax cuts, we have the social security tax that is reenacted for employees of 2%. we have the over trillion dollar spending issue. it is about 5% of our economy. neil: what you think the market is doing? >> i am very concerned about what the market is doing. when you look at stock prices today, the fiscal cliff is not yet built. neil: they don't even see that as a possibility. the closer we get, the more they start getting antsy and....